DATE OF APPROVAL: Original: 2.4.20
1st Revision: 8.7.20
ADMINISTRATIVE APPROVAL: Original: 28.9.20
1st Revised: 30.09.20
GESTATION PERIOD: 01.07.2020 to 30.6.2025
(5 years)
STATUS: ON TRACK
• Scheme launched on 01.10.2020. Agreement with Bank of Punjab signed. Portal activated.
• DLR 7-3 achieved in January, 2023. ($6 Million disbursed by the World Bank)
• Office equipment procured. Procurement of furniture/ fixture completed.
• Recruitment of staff completed.
• 254,610 potential applicants created their accounts at Punjab Rozgar Portal for submission of applications.
• 44,220 applications Received in PSIC
• 44,199 applications processed in PSIC
• 31,977 applications scrutinized and forwarded to BoP.
• 5,492 Applications approved by BoP (Rs. 10,869.3 M)
• 5,104 No. loan (Rs. 9,060.1 M) has been disbursed by BoP